JSW Cement Balance Sheet
- Market cap
- ₹15,003 crore
- P/E
- 19.7
- P/B
- 2.29
- ROE
- -17.0%
- Dividend yield
- 0.45%
As of Mar 2022, JSW Cement had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings fell 78.73% from Mar 2023.
JSW Cement balance sheet
As at each financial year end, newest first. H1 = half-year.
| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 500 | 986 | 986 | 986 | 1,341 |
| Reserves | 8,500 | 1,217 | 1,306 | 1,136 | 358 |
| Borrowings | 1,200 | 5,641 | 6,254 | 6,563 | 4,464 |
| Other liabilities | 3,500 | 2,337 | 2,680 | 3,069 | 3,543 |
| Total liabilities | 13,700 | 10,219 | 11,319 | 12,004 | 14,535 |
| Fixed assets | 6,500 | 5,776 | 6,455 | 7,561 | 9,464 |
| Capital work in progress | 400 | 100 | 100 | 100 | 100 |
| Investments | 2,500 | 2,044 | 2,264 | 2,401 | 2,907 |
| Other assets | 4,300 | 3,066 | 3,396 | 3,601 | 4,361 |
| Total assets | 13,700 | 10,219 | 11,319 | 12,004 | 14,535 |
Balance sheet ratios
- Debt to equity
- 0.13
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
JSW Cement balance sheet — frequently asked questions
What is the total debt of JSW Cement?
JSW Cement reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹5,641 crore as of Mar 2023.
What is JSW Cement's debt-to-equity ratio?
Based on the Mar 2022 balance sheet, JSW Cement's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.
What are JSW Cement's total assets?
JSW Cement's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.
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